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ZHENGZHOU, CHINA – MAY 16: China Southern Airlines aircraft are seen parked at Zhengzhou Xinzheng International Airport on May 16, 2026, in Zhengzhou, Henan Province, China. Cheng Xin | Getty Images News | Getty ImagesChina’s biggest airline stocks have suffered more than others since the war in Iran began, as a combination of factors weighs them down.The country’s carriers — which swung to a quarterly profit in the beginning of 2026 — are caught in a pincer of higher fuel costs and a price-wary domestic market being eroded by high-speed rail. Jet fuel prices soared after the U.S. and Israel…
SoftBank shares extend rally on optimism over AI investments Source link
Corporate use of Anthropic’s Claude and the Google Gemini AI models has also soared in the past year, according to the market research firm Enterprise Technology Research. The firm’s survey of 500 people—also highlighted by The Wall Street Journal—showed reported Claude usage among respondents’ companies jumping from 21 percent to 48 percent between 2025 and 2026. Similarly, reported Gemini usage rose from 27 percent to 40 percent in the same time period. Grok’s corporate usage also saw a smaller bump, rising from 4 percent to 7 percent. “We have launched Grok Business, Grok Enterprise, Grok API, and xAI Gov, products…
The letter states that Prince Andrew was “particularly good on high-tech matters, trade, youth (including primary schools and outward bound projects), cultural events, with a preference for ballet rather than theatre, the Commonwealth and military and foreign affairs”. Source link
A screen displays share prices inside the Kabuto One building in Tokyo, Japan, on Monday, April 13, 2026. Oil surged and stocks fell after President Donald Trump ordered a blockade of the Strait of Hormuz, escalating tensions with Iran following the collapse of weekend peace talks. Photographer: Kiyoshi Ota/Bloomberg via Getty ImagesBloomberg | Bloomberg | Getty ImagesAsia-Pacific markets traded higher Friday as investors assess U.S.-Iran diplomatic efforts at reaching a peace deal in the Middle East.Tehran intending to keep its enriched uranium stockpile within the country, according to a Reuters report, could complicate negotiations with Washington, as President Donald Trump has made dismantling Iran’s…
Samsung Electronics’ South Korean union to begin vote on pay agreement Source link
People walk through the campus of the University of California Los Angeles, in Los Angeles, Aug. 11, 2025.Daniel Cole | ReutersBroadcom, Meta, Applied Materials, GlobalFoundries and Synopsys are joining forces to launch a $125 million “Semiconductor Hub” at the UCLA Samueli School of Engineering. The new partnership will aim to speed up research and workforce development for AI-powered chip technologies, and support innovations across chip design, equipment, software, manufacturing and other parts of the chips ecosystem, according to a UCLA press release.Based at the UCLA Samueli campus, the research hub will start with a five-year commitment. Faculty and student researchers…
The prime minister says his government is delivering on its promise to restore control to the borders. Source link
Carolina Panthers owner David Tepper looks on before the game against the Atlanta Falcons at Mercedes-Benz Stadium on January 05, 2025 in Atlanta, Georgia. Kevin C. Cox | Getty Images Sport | Getty ImagesA version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high net worth investor and consumer. Sign up to receive future editions, straight to your inbox.Private investment firms of the ultra-wealthy doubled down on chipmakers in the first quarter of 2026 despite pressures from the Iran war, according to securities filings analyzed by CNBC. Several family offices also leaned…
Princeton Digital Group to sell China data center assets for up to $1 bln- FT Source link